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Relentless Colorado scores more records in January from CasinoBeats


January saw Colorado become the sixth state to take more than $300m in legal sports bets in a single month, as analysts project that the region’s retail and digital entities could bring more than $3bn in wagers this year.

The Centennial State’s sportsbooks generated a record $326.9m in bets in January, which is up 14.9 per cent from $284.6m in December, according to data released by the Colorado Department of Revenue’s Division of Gaming.

Gross gaming revenue also set a fresh revenue record, with the $22.7m performance surpassing the $17.2m gained a month earlier. This yielded $11.7m in net sports betting proceeds, up from $5.7m in November, and produced $1.2m in state taxes in December.

Colorado is currently the sixth largest market in terms of handle, sitting behind fifth placed Indiana which secured $348.2m last month.

“What’s really stuck out is just how relentless Colorado’s growth has been,” said Jessica Welman, analyst for “Every month we get new data. Every month sportsbooks set a new state record.


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